Risky business: how to calculate the financial impact of global outsourcing.(Supply Chain)

From: Logistics Today | Date: August 1, 2004| Author: | Copyright information

Optimizing an organization's financial performance requires ongoing analysis of the key risks spanning the entire supply network that connects suppliers, manufacturers, distributors, retailers and customers. Analyzing supply chains with the perspective of risks gives organizations a better understanding of the potential sources of a disruption, and, most importantly, the potential financial impact resulting from the disruption.

To speak the language of risk in this way does not introduce a totally new concept to supply chain managers. Cost/benefit analysis is a close ...

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